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Economy of Lithuania. Statistics, Data and Indicators

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Lithuania
69A Credit rank #38
148.98 Quality of life #34
33 Corruption rank#36
11 Ease of doing business#14
Lithuania


Lithuania Major Economic Indicators

Indicator Data Period
GDP Value 70.33 USD Billion 2022
GDP Annual Growth Rate 0.7 % 2Q/23
GDP Growth Rate 2.9 % 2Q/23
GDP per capita 18367 USD 2022
Inflation Rate YoY 3.7 % Sep/23
Interest Rate 4.5 % Sep/23
Unemployment Rate 8.4 % Aug/23
Wages 2000 EUR/Month | 2121.791 USD/Month 2Q/23
Balance of Trade -267 EUR Million | -0.283 B USD Aug/23
Current Account -5.9 EUR Million | -0.006 B USD Jul/23
Foreign Exchange Reserves 5479 USD Million | 5.479 B USD Aug/23
Government Debt 25997 EUR Million | 27.58 B USD Aug/23


GDP Indicators

Indicator Data Period
GDP Value 70.33 USD Billion 2022
GDP Annual Growth Rate 0.7 % 2Q/23
GDP Growth Rate 2.9 % 2Q/23
GDP per capita 18367 USD 2022
Gross National Product 64444 EUR Million | 68.368 USD Billion 2022
GDP Constant Prices 11793 EUR Million | 12.511 B USD 2Q/23
GDP per capita PPP 39593 USD 2022


Budget Indicators

Indicator Data Period
Government Debt to GDP 38.4 % 2022
Government Budget Value 667 EUR Million | 0.708 USD Billion 2Q/23
Government Spending 1670 EUR Million | 1.772 USD Billion 2Q/23
Government Debt 25997 EUR Million | 27.58 USD Billion Aug/23
Government Revenues 7146 EUR Million | 7.581 USD Billion 2Q/23
Fiscal Expenditure  6479 EUR Million | 6.874 B USD 2Q/23
Government Budget to GDP -0.6 % 2022
Government Spending to GDP 36.5 % 2022
Military Expenditure 1732 USD Million | 1.732 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 152 index points Sep/23
Export Prices 93.8 index points 2Q/23
Food Inflation 8.3 % Sep/23
Gasoline Prices 1.72 USD/Liter Sep/23
GDP Deflator 155 index points 2Q/23
Import Prices 90.8 index points 2Q/23
Inflation Rate YoY 3.7 % Sep/23
Producer Prices 130 index points Aug/23
Inflation Rate Mom 0.5 % Sep/23
Core Consumer Prices 141 Index Points Jul/23
Core Inflation Rate 9.4 % Aug/23
CPI Housing Utilities 167 Index Points Sep/23
CPI Transportation 144 Index Points Sep/23
Harmonised Consumer Prices 149 Index Points Aug/23
Producer Prices Change  -5.9 % Sep/23


Trade Indicators

Indicator Data Period
Current Account to GDP -5.1 % 2022
Balance of Trade -267 EUR Million | -0.283 USD Billion Aug/23
Capital Flows 761 EUR Million | 0.807 USD Billion Jul/23
Current Account -5.9 EUR Million | -0.006 USD Billion Jul/23
Exports 3321 EUR Million | 3.523 USD Billion Aug/23
External Debt 48963 EUR Million | 51.945 USD Billion 2Q/23
Foreign Exchange Reserves 5479 USD Million | 5.479 USD Billion Aug/23
Imports 3588 EUR Million | 3.806 USD Billion Aug/23
Tourism Revenues  168 EUR Million | 0.178 B USD 1Q/23
Tourist Arrivals 302 Thousand Persons | 0.302 Million Persons 1Q/23


Money Indicators

Indicator Data Period
Gold Reserves 5.82 Tonnes 2Q/23
Interbank Rate 3.88 % Sep/23
Interest Rate 4.5 % Sep/23
Loans to Private Sector 10340 EUR Million | 10.97 USD Billion Aug/23
Money Supply M0 7931 EUR Million | 8.414 USD Billion Aug/23
Money Supply M1 34067 EUR Million | 36.142 USD Billion Aug/23
Money Supply M2 49880 EUR Million | 52.917 USD Billion Aug/23
Money Supply M3 49749 EUR Million | 52.778 USD Billion Aug/23
Central Bank Balance Sheet 27632 EUR Million | 29.315 B USD Aug/23
Foreign Direct Investment 583 EUR Million | 0.619 B USD 1Q/23
Private Sector Credit  24608 EUR Million | 26.107 B USD Aug/23


Labor Indicators

Indicator Data Period
Minimum Wages 840 EUR/Month | 891.152 USD/Month 3Q/23
Retirement Age Men 64.33 2022
Retirement Age Women 63.67 2022
Unemployment Rate 8.4 % Aug/23
Wages 2000 EUR/Month | 2121.791 USD/Month 2Q/23
Youth Unemployment Rate 8.6 % Aug/23
Employed Persons 1445 Thousand Person | 1.445 Million Person 2Q/23
Employment Change  1.3 % 2Q/23
Employment Rate  73.8 % 2Q/23
Full Time Employment 1304 Thousand Person 2Q/23
Job Vacancies 28082 | 28.082 K 2Q/23
Labor Force Participation Rate 62.2 % 1Q/23
Long Term Unemployment Rate 2 % 2Q/23
Part Time Employment 73.4 Thousand Persons 2Q/23
Unemployed Persons 149 Thousand Persons | 0.149 Million Persons Aug/23
Wages in Manufacturing 2000 EUR/Month | 2121.791 USD/Month 2Q/23


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 0.7 BBL/D/1K Jan/23
Electricity Production 300 GWh Jul/23
Industrial Production -7.3 % Aug/23
Mining Production -6.8 % Jun/23
Industrial Production (MoM) 3.8 % Aug/23


Business Indicators

Indicator Data Period
Bankruptcies 283 Companies 2023
Business Confidence -14.2 index points Sep/23
Corruption Index 62 index points 2022
Corruption Rank 33 place 2022
Ease of Doing Business 11 place 2019
Manufacturing Production -5.8 % Jul/23
Competitiveness Index 68.35 Index Points 2019
Competitiveness Rank 39 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 1 index points Sep/23
Retail Sales MoM 4.2 % Aug/23
Retail Sales YoY -0.9 % Aug/23
Consumer Credit 1050 EUR Million | 1.114 USD Billion Aug/23
Consumer Spending 6949 EUR Million | 7.372 USD Billion 2Q/23
Households Debt To GDP 21.77 % 1Q/23
Households Debt To Income 38.09 % 2021